Articles

For all the talk of Modern Monetary Theory representing a brave new frontier, it is easy to forget that the United States has gone down this road before, when the US Federal Reserve financed the war effort in the 1940s. Then, as now, the question is not about government debt, but about the debt’s purpose and justification.

Italy’s austerity-fueled crisis is a warning to the Eurozone

Despite the moral assurance and personal flattery that meritocracy offers to the successful, it ought to be abandoned both as a belief about how the world works and as a general social ideal.

Economists should stop pretending to be scientists and go back to the core of the discipline—as a field of inquiry and way of thinking

As young scholars, we have formulated a new plan for fostering diversity in both identity and scholarly thinking in economics—preconditions for academic rigor.

We need to ban stock buybacks, while building a movement for basic economic rights

Pharmaceutical pushers like Purdue “couldn’t have done their dirty work” without America’s increasingly unbalanced economy

America’s new “philanthrocapitalists” are enabling social problems rather than solving them

Wishful thinking and tinkering won’t cut it. Nothing short of a mass mobilization for deep de-carbonization across the global economy can avert the looming climate catastrophe.